NewsCorp and Telstra each own 50% of the appropriately named monopoly pay TV provider FOXTEL.
Now guess which companies' ex-CFO was appointed by this new government to be the new CFO of NBN Co. Here's a hint: it was one of the above two. Fox in hen house much?
If nothing else he's already ticked the #1 qualification for this new job - maximising profits for Rupert Murdoch.
What really blows my mind is that Australia is still highly regarded as a low-corruption country. Same goes for the UK, after they were caught fixing the Libor rates, essentially fucking over the whole planet.
You mean 70% of the daily national circulation of newspapers and the only general national newspaper?
Oooh, I know the answer to that! It's the bunch of people who just announced that Telstra just hit a 12-year high in their share price two weeks after announcing a $4.3 billion profit over here: http://www.theaustralian.com.au/business/latest/telstra-lift...
Disclaimer: I own Telstra shares through an ETF. Because at least this way I get some money back through dividends. And one may as well profit from their evil, sad as it is. It's not like this government is going to do anything to upset the Telstra/NewsCorp duopoly of hate and evil.
Now guess which companies' ex-CFO was appointed by this new government to be the new CFO of NBN Co. Here's a hint: it was one of the above two. Fox in hen house much?
If nothing else he's already ticked the #1 qualification for this new job - maximising profits for Rupert Murdoch.